Robinhood Markets (NASDAQ:HOOD) Stock Jumps 4% – Should You Buy?

Robinhood Markets, Inc. (NASDAQ:HOOD)’s stock price traded up 4% on Wednesday. The stock traded as high as $86.15 and last traded at $84.58. Approximately 14,173,723 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 26,277,367 shares. The stock had previously closed at $81.33.

Robinhood Markets News Summary

Here’s some of the latest news about HOOD:

• Positive Sentiment: Net deposits reached about $15.1 billion in October; funded customers increased by roughly 130,000 from September to 28.9 million. Margin balances also climbed 39% year over year to $23 billion, supporting potential recurring interest income. Article: Robinhood Reports October 2026 Operating Data
• Neutral Sentiment: Goldman Sachs lowered its price target to $115 from $128 but maintained a Buy rating, signaling continued optimism while reflecting a more cautious valuation outlook. Article: Goldman Sachs Sees Upside After Target Cut
• Negative Sentiment: October crypto trading volume fell 48% year over year to $17 billion, while securities-lending revenue dropped 43%, raising concerns about transaction revenue and fourth-quarter net interest revenue growth. Article: Robinhood Crypto Volume Sinks in October

Analyst Ratings Changes

A number of analysts have commented on HOOD shares. BTIG Research reaffirmed a “buy” rating and set a $135.00 target price on shares of Robinhood Markets in a report on Wednesday, October 28th. Keefe, Bruyette & Woods boosted their price objective on shares of Robinhood Markets from $100.00 to $115.00 and gave the company a “market perform” rating in a research report on Tuesday, September 29th. Jefferies Financial Group raised their target price on Robinhood Markets from $127.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, September 8th. Rosenblatt Securities reiterated a “buy” rating and set a $135.00 target price on shares of Robinhood Markets in a research report on Wednesday, October 28th. Finally, KeyCorp cut their price target on Robinhood Markets from $140.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $124.01.

Robinhood Markets Trading Down 4.3%

The stock’s 50-day simple moving average is $104.19 and its two-hundred day simple moving average is $91.82. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $70.11 billion, a P/E ratio of 35.88, a price-to-earnings-growth ratio of 1.88 and a beta of 2.56.

Robinhood Markets (NASDAQ:HOOD) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.56 by $0.04. Robinhood Markets had a net margin of 39.04% and a return on equity of 21.49%. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period last year, the firm earned $0.61 EPS. The company’s revenue was up 11.5% on a year-over-year basis. Equities research analysts expect that Robinhood Markets, Inc. will post 2.10 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Vladimir Tenev sold 375,000 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $113.72, for a total value of $42,645,000.00. Following the completion of the transaction, the chief executive officer owned 375,000 shares of the company’s stock, valued at $42,645,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $85.05, for a total value of $850,500.00. Following the completion of the transaction, the insider directly owned 489,943 shares of the company’s stock, valued at approximately $41,669,652.15. This trade represents a 2.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,045,503 shares of company stock worth $123,905,130 in the last three months. 13.48% of the stock is owned by company insiders.

Institutional Trading of Robinhood Markets

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. bought a new position in Robinhood Markets in the 2nd quarter worth approximately $27,000. James T. Borello RIA bought a new stake in shares of Robinhood Markets during the third quarter valued at approximately $29,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Robinhood Markets in the first quarter worth $33,000. Glen Eagle Advisors LLC lifted its holdings in shares of Robinhood Markets by 100.7% in the first quarter. Glen Eagle Advisors LLC now owns 568 shares of the company’s stock worth $39,000 after buying an additional 285 shares in the last quarter. Finally, Continuum Advisory LLC bought a new position in shares of Robinhood Markets during the second quarter worth $40,000. Institutional investors own 93.27% of the company’s stock.

About Robinhood Markets

Robinhood Markets, Inc. operates a digital financial services platform that gives customers access to investing and financial products through its website and mobile app. Its offerings include trading in stocks, exchange-traded funds, options and cryptocurrencies, as well as retirement accounts and cash-management services. Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood built its business around making financial services more accessible through a mobile-first platform. The company is headquartered in Menlo Park, California, and serves customers in the United States and select international markets.